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Overview
This substantial 2026 square meter land parcel at 99-105 Hamilton Street, Redland Bay, offers a rare development opportunity within the rapidly transforming Weinam Creek Priority Development Area. Approved for a five-storey residential project, the site has a development application (DA) greenlighting a contemporary apartment scheme featuring 24 residences inclusive of NDIS/SDA accommodation options, positioning the land as a significant asset for developers and investors targeting the growing South East Queensland coastal market.
The property's location within the Weinam Creek waterfront precinct enhances its appeal, given the government's extensive investments in infrastructure including ferry terminals, marina access, public spaces, and transport connections. This strategic setting supports easy access to public transport, retail and dining amenities, and recreational waterfront parklands, making it attractive for future residents prioritizing connectivity and lifestyle.
The approved scheme's inclusion of various apartment sizes and a focus on SDA/NDIS accommodation underlines an adaptive design responsive to community housing needs and specialist service provisions. This adds an extra dimension of social relevance and market demand to the development, potentially broadening its appeal to niche operators and private investors alike.
Overall, this property offers scale, development certainty, and a superior bayside locale within one of Queensland's fastest-growing communities. It is likely to suit established developers, syndicates, or investors seeking to deliver modern, high-quality housing in an undersupplied market segment, backed by confirmed planning approvals and excellent infrastructure support.
Local Market Insights
In Redland Bay, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $850,000. The property type mix of listed properties is predominantly Houses at 76%, followed by commercial properties (8%), and townhouses (6%). Remax was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Redland Bay QLD 4165
Market Insights for Redland Bay QLD 4165
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